Bitcoin BTC$69,045.21 treasury firm Strategy (MSTR) said it can ride out a potential plunge in the price of the largest cryptocurrency to $8,000 and still honor its debt. “Strategy can withstand a drawdown in $BTC price to $8K and still have sufficient assets to fully cover our debt,” the Michael Saylor-led company said on X….
The crypto industry is pushing back against a new tax law in the state of Illinois that enacts a 0.2% tax on businesses transacting or storing crypto for customers in the state, but it may be too late to change it in the short-term. The law enacts a 0.2% tax on “receiving any digital asset…
MUMBAI: The rupee closed at 89.98 a day after breaching the 90 mark against the greenback. Dollar sales by foreign banks and likely inflows halted a six-session decline in the domestic currency.The rupee hit 90.42 intraday before closing higher. Wider trade deficits, weak investment flows and stalled US trade talks have slowed inflows and pushed…
Access Denied You don’t have permission to access “http://www.ndtvprofit.com/business/billion-dollar-market-by-2030-high-stakes-of-indias-glp-1-revolution-as-semaglutide-patent-expires-11242115” on this server. Reference #18.adf5d217.1773998366.106332ba https://errors.edgesuite.net/18.adf5d217.1773998366.106332ba Source link
As if continuing declines in the bitcoin price weren’t enough, shares of bitcoin miners who have shifted their business plan to focus on AI infrastructure were mostly sharply lower Monday following Nvidia’s $2 billion investment in CoreWeave. While the investment underscores growing demand for high-performance computing as AI applications expand, it also highlights the challenges…
MUMBAI: A study of respondents across Gujarat and Rajasthan said wider financial access has not fully translated into financial maturity or household resilience, pointing to gaps in retirement planning, understanding of compound interest, and preparedness for financial shocks in the two states surveyed. The report, Financial Maturity Index: A Survey of Two States, was released…
The Union Budget for FY 2026-27 has pegged total expenditure at Rs 53.47 lakh crore, Finance Minister Nirmala Sitharaman said while replying to the discussion on the Budget in the Lok Sabha, outlining the government’s strategy of maintaining high capital spending alongside fiscal consolidation.The revised estimate for the current financial year ending March 31 has…
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2062.95, up 1.1% (+22.36) since 4 p.m. ET on Wednesday. Nineteen of 20 assets are trading higher. Leaders: APT (+4.4%) and ICP (+2.4%). Laggards: AAVE (-0.2%) and BCH (+0.0%)….
Access Denied You don’t have permission to access “http://www.ndtvprofit.com/world/us-iran-war-live-updates-trump-claims-seizure-of-iranian-vessel-in-strait-of-hormuz-tehran-denies-islamabad-talks-as-ceasefire-nears-end-iran-news-us-11381134” on this server. Reference #18.adf5d217.1776654190.5ae5bae5 https://errors.edgesuite.net/18.adf5d217.1776654190.5ae5bae5 Source link
US stocks moved closer to record levels on Wednesday after data showed the country’s unemployment rate unexpectedly improved last month, boosting investor confidence about the resilience of the economy.The S&P 500 rose 0.5% and was trading just below its all-time high set late last month. The Dow Jones Industrial Average was up 222 points, or…
